Legal-tech startup Lawyered raises an undisclosed amount of funding amid COVID situation
While many businesses struggle to cope with the present slowdown, there are some rays of hope in the Indian startup corridors. Recently, legal-tech startup Lawyered raised an undisclosed amount of funding led by Angel investors from the US, Canada and UK during a bridge round.
The angel investors in this round were Saby Waraich, former professor at the University of Phoenix and former senior information systems manager at the City of Portland; Sujinder Sahni, senior information technology consultant at IT office, the government of Saskatchewan, Canada; along with Ashish Jasraj, head of Electrical Discharge Machines (EDM) at Mitsubishi UFJ Financial Group (MUFG) Securities, Potters Bar, England.
Earlier in November 2019, Lawyered had successfully raised a seed investment capital of $ 100,000 from 3 Indian Angel investors. These investors include Munish Bhatia, General Manager and Partner at India Accelerator; Pramendra Tomar, Group general counsel at Apollo International; Ratish Pandey, Former General Manager at Bose Corporation; and Sumit Aggarwal, proprietor at Rainbows.
Speaking on this occasion, Himanshu Gupta, co-founder and CEO of Lawyered, stated:
“ Lawyered is the only legal-tech platform which focuses on the discovery of legal professionals without charging them a commission or transaction fees. We will dedicate a majority of the fresh funds to improve the technology features including artificial intelligence (AI)-based super bots and discovery tools to boost engagement on Lawyered.”
While it’s often a challenge for small companies, startups and individuals to get the right legal support, Lawyered helps them through its digital platform to get an array of legal experts to choose from. On the other hand, Lawyered is an aggregating platform for able legal experts to reach out to their clients.
The founder of legal-tech startup further informed that Lawyered has partnered with 300 co-working spaces across India to leverage on their startup community strength.
Apart from bridging the gap between legal experts and their clients, Lawyered is a platform for legal studies enthusiasts too. Lawyered helps legal studies students in getting connected with their potential employers for internships as well as supporting them with the right kind of content and case studies for their learning journey.
So far, Lawyered has garnered over 2000 paid subscriptions from practising Lawyers, spread across 80 cities. Moreover, the company’s student discovery platform has over 2500 subscriptions of law students from more than 300 law colleges in tier-1 and tier-2 cities.